Reported Earnings • May 30
Full year 2026 earnings released: ₹0.98 loss per share (vs ₹0.95 loss in FY 2025) Full year 2026 results: ₹0.98 loss per share (further deteriorated from ₹0.95 loss in FY 2025). Revenue: ₹4.36m (up 111% from FY 2025). Net loss: ₹4.26m (loss widened 3.9% from FY 2025). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • May 29
Incon Engineers Limited, Annual General Meeting, Jul 16, 2026 Incon Engineers Limited, Annual General Meeting, Jul 16, 2026, at 10:00 Indian Standard Time. Location: b-6/3, ida, uppal, telangana, 500039., hyderabad India Announcement • May 19
Incon Engineers Limited to Report Q4, 2026 Results on May 29, 2026 Incon Engineers Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • Mar 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹4.1m free cash flow). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Negative equity (-₹5.4m). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m (₹2.0m revenue, or US$22k). Market cap is less than US$10m (₹55.8m market cap, or US$606.3k). Announcement • Jan 24
Incon Engineers Limited to Report Q3, 2026 Results on Feb 14, 2026 Incon Engineers Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 14, 2026 Announcement • Oct 27
Incon Engineers Limited to Report Q2, 2026 Results on Nov 10, 2025 Incon Engineers Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 10, 2025 Announcement • Aug 08
Incon Engineers Limited, Annual General Meeting, Sep 29, 2025 Incon Engineers Limited, Annual General Meeting, Sep 29, 2025, at 10:00 Indian Standard Time. Location: b-6/3, ida, uppal, telangana, 500039., hyderabad India New Risk • Aug 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹4.3m free cash flow). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Negative equity (-₹3.6m). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m (₹2.1m revenue, or US$24k). Market cap is less than US$10m (₹56.3m market cap, or US$642.8k). Announcement • Jul 28
Incon Engineers Limited to Report Q1, 2026 Results on Aug 08, 2025 Incon Engineers Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • May 15
Incon Engineers Limited to Report Q4, 2025 Results on May 28, 2025 Incon Engineers Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • May 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.9m free cash flow). Negative equity (-₹1.9m). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (₹2.1m revenue, or US$25k). Market cap is less than US$10m (₹58.5m market cap, or US$685.1k). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Announcement • Jan 23
Incon Engineers Limited to Report Q3, 2025 Results on Feb 13, 2025 Incon Engineers Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Nov 13
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹1.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.9m free cash flow). Negative equity (-₹1.9m). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (₹10k revenue, or US$118). Market cap is less than US$10m (₹61.5m market cap, or US$729.0k). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Oct 24
Incon Engineers Limited to Report Q2, 2025 Results on Nov 12, 2024 Incon Engineers Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Aug 02
Incon Engineers Limited to Report Q1, 2025 Results on Aug 12, 2024 Incon Engineers Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Announcement • May 12
Incon Engineers Limited to Report Q4, 2024 Results on May 24, 2024 Incon Engineers Limited announced that they will report Q4, 2024 results on May 24, 2024 New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹4.3m free cash flow). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (₹1.0k revenue, or US$12.0). Market cap is less than US$10m (₹66.7m market cap, or US$801.0k). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Announcement • Jan 23
Incon Engineers Limited to Report Q3, 2024 Results on Feb 12, 2024 Incon Engineers Limited announced that they will report Q3, 2024 results on Feb 12, 2024 New Risk • Nov 23
New major risk - Revenue and earnings growth Earnings have declined by 3.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹4.3m free cash flow). Earnings have declined by 3.8% per year over the past 5 years. Revenue is less than US$1m (₹260k revenue, or US$3.1k). Market cap is less than US$10m (₹61.6m market cap, or US$739.9k). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Announcement • Oct 28
Incon Engineers Limited to Report Q2, 2024 Results on Nov 10, 2023 Incon Engineers Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Nov 10, 2023 Announcement • Aug 11
Incon Engineers Limited, Annual General Meeting, Sep 28, 2023 Incon Engineers Limited, Annual General Meeting, Sep 28, 2023, at 10:00 Indian Standard Time. Location: B-6/3, IDA, Uppal Hyderabad Andhra Pradesh India Announcement • Jul 25
Incon Engineers Limited to Report Q1, 2024 Results on Aug 10, 2023 Incon Engineers Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 10, 2023 New Risk • Jul 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.7m free cash flow). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Revenue is less than US$1m (₹1.3m revenue, or US$16k). Market cap is less than US$10m (₹61.7m market cap, or US$744.8k). Reported Earnings • May 27
Full year 2023 earnings released: ₹0.83 loss per share (vs ₹0.015 loss in FY 2022) Full year 2023 results: ₹0.83 loss per share (further deteriorated from ₹0.015 loss in FY 2022). Revenue: ₹3.53m (down 71% from FY 2022). Net loss: ₹3.57m (loss widened ₹3.51m from FY 2022). Announcement • May 13
Incon Engineers Limited to Report Q4, 2023 Results on May 26, 2023 Incon Engineers Limited announced that they will report Q4, 2023 results at 12:15 PM, Indian Standard Time on May 26, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹0.29 loss per share (vs ₹0.10 profit in 3Q 2022) Third quarter 2023 results: ₹0.29 loss per share (down from ₹0.10 profit in 3Q 2022). Revenue: ₹350.0k (down 89% from 3Q 2022). Net loss: ₹1.26m (down 387% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 27
Incon Engineers Limited to Report Q3, 2023 Results on Feb 13, 2023 Incon Engineers Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director B. Kumari was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2023 earnings released: ₹0.17 loss per share (vs ₹0.18 loss in 2Q 2022) Second quarter 2023 results: ₹0.17 loss per share (improved from ₹0.18 loss in 2Q 2022). Revenue: ₹1.53m (up 150% from 2Q 2022). Net loss: ₹727.0k (loss narrowed 5.7% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 11
Incon Engineers Limited, Annual General Meeting, Sep 30, 2022 Incon Engineers Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: t 8-6/3, IDA, Uppal Hyderabad India Announcement • Jul 30
Incon Engineers Limited to Report Q1, 2023 Results on Aug 10, 2022 Incon Engineers Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 10, 2022 Announcement • May 14
Incon Engineers Limited to Report Q4, 2022 Results on May 27, 2022 Incon Engineers Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Director B. Kumari was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹19.70, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 331% over the past year. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹17.90, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 291% over the past year. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹24.35, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 481% over the past year. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹29.55, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 662% over the past year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 22% share price gain to ₹26.65, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 620% over the past year. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 22% share price gain to ₹20.40, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 374% over the past year. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 26% share price gain to ₹13.87, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹10.66, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 124% over the past year. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹10.13, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 21x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 21% share price gain to ₹3.94, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 22% over the past year. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS ₹1.82 (vs ₹0.55 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹26.1m (up ₹24.0m from FY 2020). Net income: ₹7.86m (up ₹10.2m from FY 2020). Profit margin: 30% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Reported Earnings • Feb 13
Third quarter 2021 earnings released: ₹0.23 loss per share (vs ₹0.07 loss in 3Q 2020) Third quarter 2021 results: Net loss: ₹983.0k (loss widened 187% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 05
New 90-day high: ₹4.41 The company is up 19% from its price of ₹3.70 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 35% over the same period. Announcement • Jan 29
Incon Engineers Limited to Report Q3, 2021 Results on Feb 12, 2021 Incon Engineers Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Sep 03
Incon Engineers Limited to Report Q1, 2021 Results on Sep 14, 2020 Incon Engineers Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jul 18
Incon Engineers Limited to Report Q4, 2020 Results on Jul 27, 2020 Incon Engineers Limited announced that they will report Q4, 2020 results on Jul 27, 2020